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What would be sufficient proof that a cash payment I make to a contractor is an expense for a project? I always have trouble with this as I do a lot of flips and have a few people who moonlight for me on their weekend...
Hello all,I'd really appreciate a few thoughts from this amazing community. I'm in need of some help on the best way to manage the rehab costs of a new property within a three-person LLC/partnership. This is the first...
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i currently own several 3 family rental properties in newark new jersey my average value is $355,000 i have some worth more and some worth less but im looking to sell these with $30,000 down and carry a wrap around of...
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I have a utility bill question. My tenants are required to pay their electric bills. However, my HVAC unit needed a part so the tenants ran on emergency heat for 12 days. This has the unit run off the main power sourc...
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Hi Fellows,
i have a new tenant, she works for adult care facility. From day one she is trying to trying to make up things to get free rent by giving empty threats. Following is sequence of events:
1. Tenant moved i...
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My friend has a home in escrow and there is an issue regarding an outstanding medical bill. What issues can arise from something like this in escrow? I dont have much info trying to get more info from them on it. But ...
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My tenant just moved in a month ago and they are having issues with mice. The neighbor has chickens and there are large open fields. Should I pay pest people to come and handle it or just have them set traps themselve...
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I have recently leased out my commercial property. The lease states:
Landlord agrees to make all necessary repairs to structural portions of the Premises, including the roof, exterior walls, foundation, and exterior...
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I’m new to the Biggerpockets forum and I’m looking to get as much information as possible before pulling the trigger on a multifamily property. What are some of the deal breakers that would cause you to pass on or buy...
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I just finished listening to BP Episode 605 with Christian & Cody where they spent some time talking about reaching out and connecting with multi-family property owners that they're interested in. They find the na...